
Poland Passenger Vehicles Lubricants Market - Size, Share, Covid-19 Impact & Forecasts Up To 2026
Description
The Poland Passenger Vehicles Lubricants Market is at 92.52 million liters in 2021 and is projected to register a CAGR of 2.74% to reach 105.94 million liters in 2026. The lockdown implemented in response to the COVID-19 pandemic has resulted in a 22.64% drop in the sales of new passenger cars in Poland during 2019-2020. Since mid-2020, there has been a real boom for used cars in Poland, primarily due to the unavailability of new vehicles owing to closure of factories. Low prices of second-hand cars and favourable fuel prices during the pandemic are the other factors driving the passenger cars population growth during 2020-2021.
Key Highlights- Largest Segment by Product Type - Engine Oils : Engine oils form the leading product type due to their high volume requirements and short drain intervals, as they are used in high-temperature and high-pressure applications.
- Fastest Segment by Product Type - Engine Oils : In Poland, the expected recovery in passenger vehicle sales and production since 2021 is estimated to drive the demand for engine oils during the forecast period.
- The volume share of the passenger vehicles (PV) segment in the automotive lubricant demand increased from 60.8% in 2015 to 61.3% in 2019. The consumption of passenger vehicle lubricants increased at a CAGR of 4.66% during 2015-2019 due to the high demand for engine oils and transmission oils in combustion vehicles.
- Due to the lockdown imposed due to the COVID-19 pandemic, the consumption of lubricants in passenger vehicles dropped drastically by 15.31% in 2020. Even the share of the PV segment in the overall automotive lubricants share decreased by 0.51% in 2020.
- The number of active passenger vehicle units in the country is projected to increase due to the expected sales growth of low-cost, used cars during the forecast period. As a result, the consumption of automotive lubricants in the passenger vehicles segment is expected to rise at a CAGR of 2.74% during 2021-2026.
The Poland Passenger Vehicles Lubricants Market is fairly consolidated, with the top five companies occupying 86.46%. The major players in this market are BP PLC (Castrol), FUCHS, LOTOS OIL, PKN ORLEN (ORLEN oil) and TotalEnergies (sorted alphabetically).
Additional Benefits:- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
BP PLC (Castrol)
ExxonMobil Corporation
FUCHS
LIQUI MOLY
LOTOS OIL
Modex Oil
Motul
PKN ORLEN (ORLEN oil)
Royal Dutch Shell Plc
TotalEnergies
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Table of Contents
- 1 Executive Summary & Key Findings
- 2 Introduction
- 2.1 Study Assumptions & Market Definition
- 2.2 Scope of the Study
- 2.3 Research Methodology
- 3 Key Industry Trends
- 3.1 Automotive Industry Trends
- 3.1.1 Passenger Vehicles
- 3.2 Regulatory Framework
- 3.2.1 Poland
- 3.3 Value Chain & Distribution Channel Analysis
- 4 Market Segmentation
- 4.1 By Product Type
- 4.1.1 Engine Oils
- 4.1.2 Greases
- 4.1.3 Hydraulic Fluids
- 4.1.4 Transmission Oils
- 5 Competitive Landscape
- 5.1 Key Strategic Moves
- 5.2 Market Share Analysis
- 5.3 Company Profiles
- 5.3.1 BP PLC (Castrol)
- 5.3.2 ExxonMobil Corporation
- 5.3.3 FUCHS
- 5.3.4 LIQUI MOLY
- 5.3.5 LOTOS OIL
- 5.3.6 Modex Oil
- 5.3.7 Motul
- 5.3.8 PKN ORLEN (ORLEN oil)
- 5.3.9 Royal Dutch Shell Plc
- 5.3.10 TotalEnergies
- 6 Appendix
- 6.1 Appendix-1 References
- 6.2 Appendix-2 List of Tables & Figures
- 7 Key Strategic Questions for Lubricants CEOs
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